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will hunker down, particularly are the whole fiscal cliff story hanging. even if it goes over, which i predict it will -- >> so do i. >> diana, what are you seeing? >> in the high ends where dolly works, of course it's going to have a big effect. let's keep this in perspective when we look at the housing recovery. homes price ed over $1 million were just 1.7% of sales in october. this is a minuscule amount when you look at the overall housing market and the recovery. that's why we're not seeing prices come down. also, remember the high end was hit the hardest in the housing crash. if you bought your home, your multimillion dollar home five, four, even three years aerks your price has probably come down so much that you're not really looking at any capital gains when you finally do sell this home. >> that's a really good point. it is a small portion of the overall real estate market. >> without a question. >> what are you expecting in terms of pricing? when will we see prices start coming down? >> well, we may see it come down in pockets. for example, the upper east side, there's a lot of devel
end of the day, down 63 points. more on the republicans' counterproposal on the fiscal cliff coming your way as we get under way with the second hour of the "closing bell" with maria bartiromo. i'll see you tomorrow. >>> hello, 4:00 on wall street. do you know where your money is? welcome back to "closing bell." i'm maria bartiromo on the floor of the new york stock exchange. happy monday to you. this market beginning the new month lower as the gop today puts out a counteroffer on the fiscal cliff. take a look at how we're finishing the day on the wall street. dow jones under water with decline about 60 point. 12,966. last trade on the index. nasdaq gave up some ground today, to the tune of eight points finishing at 3002 on the session. and the s&p 500 down 6.70 points at 1409. >>> december a historically good month for the markets. the s&p has risen 8 of the past 1 years in the final month of yeert. with fears of the looming fiscal cliff, can the trend continue? we're bringing in mike from yahoo! finance and cnbc and yahoo! have a business alliance to share and co-produce editorial
and your meeting and really zero in on the fiscal cliff. before we do that, i want to get to the situation around hewlett-packard and autonomy. of course, hp taking a massive write down on the acquisition of autonomy. ceo meg whitman throwing deloitte under the bus in some sense because the firm was among those charged with examining the books before the deal. what can you tell us about what you did in terms of overseeing the books at autonomy and what do you say now that she's charging this fraud? >> sure, maria. unfortunately for us, that matter has been turn the over to investigation and the authorities. believe it or not, that's one of the things i'm not on the hot seat about. that's part of the u.k. member firm. >> of course, this is an issue at the form. it's a big deal. >> it's important to us. unfortunately, we can't comment on that. our member firm has put out a statement. we believe we held up to professional standards. >> during that time, there was no questioning on the part of hewlett-packard in terms of saying, hey, did you find anything? it just seems like it came up from no
much. >>> fiscal cliff negotiations spinning the markets up and down like a yo-yo. i'll get reaction next from real estate guru barry sternlicht. also, we'll discuss how he's putting his investment firm to work. wait until you hear what he has his sights set on. >>> and stick around for my exclusive interview with the chevron ceo. we'll talk about whether dividends are in the pipeline or a big acquisition on the horizon. >>> and is it time to kill the $1 billion? the case is being made today on why $1 coins make more sense. do they really? stick around for that heated debate comes up. you're watching "closing bell" on cnbc. we're back in a minute. at u.s. trust, our expertise extends well beyond investment advice and research analysis. it includes proprietary offerings like our eldercare program, which helps provide for those who came before you. and our financial empowerment program, which helps prepare those who come next. resources like these have made us the number-one trust company. that's why generations of families have come to us to help build their own legacies. [ male annou
tonight. >>> how do you profit from the fiscal cliff talks in washington? we'll have that trade, and it could put extra money in your wallet, whether the lawmakers reach a deal or not. >>> up next, the head of prudential pl sits down with me. we'll talk business globally. stay with us. >>> time to toast today's close with this. more and more shoppers are using their mobile devices to buy. mobile purchases were up more than 16% on black friday from a year earlier, according to ibm. so which device generated the most in mobile sales? a, the ipad. b, the android, or c, the iphone? find out next. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. can i help you? i heard you guys can ship ground
Search Results 0 to 4 of about 5